28 Eastgate Street, Bury St Edmunds, Suffolk, IP33 1YQ
A rare opportunity to run a Greene King Pub business, in our home Town, beautiful Bury St Edmunds
The Greyhound is a lovely 16th century pub, on the busy and bustling Eastgate Street. This site is predominantly a wet led site, catering for live sport and themed evening events. The Pub also has two darts teams and a pool team. There is potential to grow food sales, whilst the site has an impressive outside trading area which could be further developed and utilised. The Pubs location means there are passers-by in both vehicles and on foot at all times of day and is a prominent site on the street. Internally, the Pub has a very traditional feel with some lovely original features. The Pub accommodates around sixty food covers internally so building the food business and growing the already busy drink side, will be the centre of your business plan.
We are excited about the future of the Greyhound, all we need is you
There is an Internal open plan public bar, dining area, lounge and pool area with a total of approximately sixty food covers. There are gents, ladies and disabled toilets, a trade kitchen, ground floor cellar and two storerooms. Externally there is an extensive garden and patio areas
|Car park spaces||10|
Two double bedrooms, lounge, kitchen and a bathroom with a shower.
|Annual rent||£22,500 per annum|
|Weekly rent||£432.69 per week fixed|
£22,500 per annum, £432.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £13,400.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit Fixtures and fittings will be rented and payment will be paid on a montly basis
|Fixtures & fittings||£0||Working capital||£5,000|
|Other costs||£1,150||Total entry cost||£13,400|
Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Bury St Edmunds is an historic Town, in west of Suffolk. Known locally as 'Bury' the Town is famous for its beautiful Abbey Gardens, annual Christmas Market and is a medieval 'grid town'. The Town is located just off of the A14 trunk road and has rail links to Cambridge and Ipswich.
The Greyhound is located within a short walk of the Abbey gardens and Town centre, on Eastgate Street
Current premises licence opening hours
Sunday - Thursday: 10:00 - 00:30 Friday - Saturday: 10:00 - 01:30
“ I am looking for an enthusiastic, community minded individual or couple with a passion for Pubs and the ability to develop the food trade. The site has bags of potential, so if this looks like the right Pub for you, please contact the recruitment team for more information. ”